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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

IM Cannabis Corp. - Common Shares (NASDAQ:IMCC)

Sidelines Mode (+55) - IMCC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IMCC?

MarketClub looks at technical strength and momentum to determine if the timing is right for IMCC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IMCC
Open High Low IMCC Price Change
0.5982 0.6250 0.5800 0.5930 -0.0145
Entry Signal

MarketClub’s Trade Triangles for IMCC

long term up The long-term trend has been UP since Mar 15th, 2024 at 0.435000

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2024 at 0.440000

short term down The short-term trend has been DOWN since May 20th, 2024 at 0.690401

Smart Scan Analysis for IMCC

Based on our trend formula, IMCC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IMCC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5982 0.6250 0.5800 0.5930 -0.0145
Prev. Close Volume Bid Ask Time
0.6075 56815 2024-05-29 15:59:27
52wk High1.4352wk High Date2023-05-31
52wk Low0.18952wk Low Date2024-01-25
Average Volume3,182,987Shares Outstanding401
Assets48,813,000MLiabilities34,344,000M
P/E Ratio-0.05270000
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